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News

Social Security changes in Trump's Big Beautiful Bill

CBS News on MSN · 2d
Does the "big, beautiful bill" eliminate taxes on Social Security?
What the bill does do is provide a temporary tax deduction of up to $6,000 for seniors aged 65 and older. The tax break is available to people with an adjusted gross incomes of $75,000 or less and $150,000 or less for couples filing jointly. The deduction is set to expire in at the end of 2028.
Newsweek on MSN · 2d
Social Security Responds to Trump's 'Big, Beautiful Bill'
The newly passed legislation awaits Trump's signature in a White House ceremony on Friday following a 218-214 vote in the House.
The Hill on MSN · 7h
Social Security no taxes message on Trump bill raises eyebrows
President Trump’s “big, beautiful bill” is sending mixed messages about whether most Americans are required to pay federal income taxes on their Social Security benefits. “It’s a mixed bag for seniors,
16hon MSN
President Donald Trump's Flagship Tax and Spending Bill Is One, Big, Broken Promise for Social Security Retirees
Trump's exclusion of an oft-touted Social Security proposal will be highly unpopular but is absolutely necessary.
8h
What Does the New Social Security Tax Deduction Mean for Seniors Over 65?
President Trump's "big, beautiful bill" included a "senior bonus," a new temporary tax deduction for Americans over 65.

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